Melkior Completes VTEM Survey at Ring of Fire

A total of 1765 line kilometres were flown with an airborne VTEM survey, both electromagnetic and magnetic, in the “Ring of Fire” in Northern Ontario.

OTTAWA, ONTARIO–(Marketwire – June 3, 2010) – Melkior Resources Inc. (“Melkior”) (TSX VENTURE:MKR) announces the completion of an airborne VTEM electromagnetic and magnetic survey of its 100% owned Broke Back and Riverbank claim groups in Northern Ontario. A total of 1765 line kilometres were flown at a cost of approximately $300,000. The Broke Back group adjoins the main Noront claim block, it is located 7 kilometres north of the Noront Eagle One nickel discovery and approximately 6 kilometres northeast of the chromite property of Cliffs Natural Resources Inc. Once Melkior has received airborne data it will be interpreted and used to direct the next stage of exploration.

Melkior has previously survey a total of 3902 line kilometres of airborne electromagnetic and magnetic on its other properties in the “Ring of Fire” area namely the East Rim and the West Rim properties. The previous data has been interpreted and locations have been selected for followup and drilling.

Melkior plans to establish communication with the First Nations communities prior to undertaking groundwork.

This Press Release was prepared by Jens E. Hansen, P.Eng, President of Melkior Resources Inc, Qualified Persons under National Instrument 43-101.

About Melkior:

Melkior is a junior exploration company with active exploration projects in West Timmins and the Mc Faulds “Ring of Fire” areas of Ontario. Melkior also holds a 49% interest in the Delta Kenty nickel-copper-platinum-palladium deposit in Ungava and has several other gold properties in Ontario and Quebec.

Read the press release “Melkior Completes VTEM Survey at Ring of Fire” here.

Category: News Story

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